Reject the alternative hypothesis. We conclude that the slope is equal to zero. Fail to reject the alternative hypothesis. We conclude the slope is not equal to zero. Reject the null hypothesis. We conclude that the slope is not equal to zero. Fail to reject the null hypothesis. We conclude the slope is equal to zero.

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A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson
makes and the amount of sales dollars earned. A regression analysis shows the following results.
Coefficients Standard Error
t-Stat
p-value
Intercept
-12.201
6.560
-1.860
0.100
Number of contacts
2.195
0.176
12.505
0.000
What is the decision regarding the hypothesis that the slope is different from zero? Assume the level of significance is 0.05.
Transcribed Image Text:A sales manager for an advertising agency believes there is a relationship between the number of contacts that a salesperson makes and the amount of sales dollars earned. A regression analysis shows the following results. Coefficients Standard Error t-Stat p-value Intercept -12.201 6.560 -1.860 0.100 Number of contacts 2.195 0.176 12.505 0.000 What is the decision regarding the hypothesis that the slope is different from zero? Assume the level of significance is 0.05.
Multiple Choice
Reject the alternative hypothesis. We conclude that the slope is equal to zero.
Fail to reject the alternative hypothesis. We conclude the slope is not equal to zero.
Reject the null hypothesis. We conclude that the slope is not equal to zero.
Fail to reject the null hypothesis. We conclude the slope is equal to zero.
Transcribed Image Text:Multiple Choice Reject the alternative hypothesis. We conclude that the slope is equal to zero. Fail to reject the alternative hypothesis. We conclude the slope is not equal to zero. Reject the null hypothesis. We conclude that the slope is not equal to zero. Fail to reject the null hypothesis. We conclude the slope is equal to zero.
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